News

Public can weigh in on insurer rate hikes

Public can weigh in on insurer rate hikes

Photo: clipart.com


GARDINER, Maine (AP) _ The public can weigh in on proposed rate hikes on the individual health marketplace for 2020.

The Maine Bureau of Insurance is holding a public meeting July 25.

Insurer Anthem is requesting an average premium rate increase of 1%, while Harvard Pilgrim Health Care is requesting 1.9%. Meanwhile, Maine Community Health Options has proposed a 7.7% average rate increase for 2020.

Insurers expect new state laws mandating coverage of adult hearing aids and elective abortions will cost members a few more dollars a month.

Maine Community Health Options expects the individual market to shrink due to the repeal of the individual mandate that was a key part of former President Barack Obama’s signature health law.

New rates are effective January 1 if approved by the bureau.

__

For more info:

https://www.maine.gov/pfr/insurance/legal/upcoming_hearings/hfai.html

Latest Headlines

18 hours ago in Local

Gov. Mills vetoes moratorium on new data centers in Maine

Gov. Janet Mills has vetoed a first-in-the-nation moratorium on new data centers in Maine.

18 hours ago in Local

Judge gives Maine 30 days to review signatures for transgender student referendum

A judge on Friday gave the Maine Secretary of State's Office 30 days to review signatures gathered for a referendum concerning transgender students.

2 days ago in Local

Two Arrested in Months-Long Maine Drug Enforcement Investigation

Both were taken to the Somerset County Jail.

2 days ago in Local

All Residents Displaced from Biddeford Apartment Fire

The Red Cross is working with the building owner and tenants to find temporary housing.

2 days ago in Local

Missing teens found after traffic stop in Portland

Portland Police say they located two missing teenagers from the Augusta area during traffic stop overnight Thursday morning.